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In this file photo Sen. Phil Gramm, R-Texas, with wife Wendy at his side, pauses as he works to compose himself, as he announces he will give up his Senate seat, and not seek re-election, during a news conference on Capitol Hill, Tuesday, Sept. 4, 2001, in Washington. Gramm and his wife, Wendy...

In this file photo Sen. Phil Gramm, R-Texas, with wife Wendy at his side, pauses as he works to compose himself, as he announces he will give up his Senate seat, and not seek re-election, during a news conference on Capitol Hill, Tuesday, Sept. 4, 2001, in Washington. Gramm and his wife, Wendy... (AP Photo/Kenneth Lambert)

In this file photo Sen. Phil Gramm, R-Texas, with wife Wendy at his side, pauses as he works to compose himself, as he announces he will give up his Senate seat, and not seek re-election, during a news conference on Capitol Hill, Tuesday, Sept. 4, 2001, in Washington. Gramm and his wife, Wendy...